£377,063
This estimated value is based upon the latest sale price for the house of £306,000 on 15 May 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £306,000 | 15 May 2020 |
| £212,000 | 7 Jul 2016 |
| £152,500 | 26 Nov 2012 |
| £91,000 | 26 Mar 2002 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for LINCOLNSHIRE to estimate the market value.
When this house was purchased in May 2020 the House Price Index for LINCOLNSHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £306,000 results in an estimated price of approximately £377,063.
| 15 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £306,000 | £71,063 | £377,063 |
The Postcode Pricing Model uses changes in average sales price within the LN2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 72.171 % | £220,844 | £526,844 |
| 3 Month Average | 24.973 % | £76,417 | £382,417 |
| 6 Month Average | 20.275 % | £62,042 | £368,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £235,000 | £235,000 | LITTLE GABLES, 18 CRAYPOOL LANE |
| 5 Apr 2024 | £234,032 | £232,000 | 22 CRAYPOOL LANE |
| 3 Oct 2023 | £656,920 | £642,000 | 2A BACK LANE |
| 9 Jan 2023 | £118,316 | £118,000 | 9 SUDBROOKE ROAD |
| 28 Oct 2022 | £289,035 | £290,000 | 1 MEADOW CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Lime Tree Paddock |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near School Crescent |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Church Street |
| Aug 2024 | Anti-social behaviour | On or near The Oaks | |
| Aug 2024 | Anti-social behaviour | On or near The Oaks |